IsDBI Secures US Patent for Innovative Blockchain Technology

The Islamic Development Bank Institute (IsDBI) has made a significant breakthrough in blockchain technology with the securing of a US patent for its Proof-of-Use (PoU) innovation. Unlike traditional consensus models, PoU prioritizes network usage over computational power or wealth, making it an attractive solution for sustainable and inclusive financial systems.

The patented technology is designed to promote fairness and reduce energy consumption in blockchain networks. By allowing users to participate in validation based on their activity level, PoU addresses the limitations of traditional consensus models such as Proof-of-Work (PoW) and Proof-of-Stake (PoS).